By [email protected] Solar module-level electronics rivals SolarEdge and Enphase reported their respective first-quarter earnings on Tuesday, allowing for a side-by-side comparison of their financial results.
Both of these firms were founded in roughly the same era and both tenaciously pioneered their respective module-level solutions. Both venture funded firms grew spectacularly and managed to reach the promised land of an initial public offering.
That’s where the companies’ respective performances seem to diverge. Both firms grew fast, along with the exploding residential solar market, but SolarEdge has been more inclined to make a consistent profit at a sustainable margin while showing growth and accurately meeting or
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